Growth for cracker maker IG Design, despite headwinds

Ostensibly, there was little to trouble analysts in IG Design's (IGR) half-year figures, with 10 per cent like-for-like organic revenue growth at constant currencies (CC) and operating profits 11 per cent to the good on the same basis. The strength of the group's order book suggests that conditions in the global gift packaging and greeting card market remain favourable, but management notes “cost headwinds are undoubtedly stronger than ever” – perhaps prompting the markdown in the share price that followed the release to market.